“Frances”, the 6th tropical depression that became the 4th hurricane of the 2004 Atlantic Season on August 26th, barrelled through The Islands of The Bahamas this past weekend, ranging from … Read More
Author: @BahamasFSB
Positive Sovereign Credit Ratings
Standard & Poor’s, one of the world’s preeminent providers of credit ratings, has affirmed its ‘A-‘ long-term and ‘A-2′ short-term sovereign credit ratings on The Commonwealth of The Bahamas – … Read More
Bahamas Appoints New Registrar General
Elizabeth E.M. Thompson, BA, LL.B, Barrister, MFP has replaced Mr. Sterling Quant as the new Registrar General, Inspector of Financial and Corporate Services Providers, and Registrar of Copyright. Speaking to … Read More
Abaco Business Outlook
**The Counsellors Ltd.** will host the 2nd Annual Abaco Business Outlook on September 22nd, under the theme ***”Building on Diversity”***. The President of the Abaco Chamber of Commerce will present … Read More
Student of the Year Award
**BFSB prepares to select 2004 Student of the Year** The Bahamas Financial Services Board is in the process of selecting the winner of the annual Business Student of the Year … Read More
Maintaining Growth in International Services
**Wendy C. Warren CEO & Executive Director Bahamas Financial Services Board** Writing for European CEO, BFSB CEO & Executive Director Wendy C. Warren touts historic growth and increasing leadership in … Read More
Bahamian Bank Reports Favourable Outlook
**Early “bang” in 2004 Continues…** Commonwealth Bank’s T.B. Donaldson has issued the Chairman’s Report for the period January 1-June 30, noting that net income had increased by 10.5% over the … Read More
Purpose Trust Legislation Broadens Bahamian Trust Offerings
With the recently passed Purpose Trust Bill, 2004, The Bahamas has added another dimension to the jurisdiction’s trust business. The most interesting feature of purpose trusts is the fact that … Read More
‘SAC’ Provides Additional Bahamas Advantage
The Segregated Accounts Companies (SAC) Act expands the legislative framework that strengthens The Bahamas’ comparative advantage in the securities and capital markets areas. An SAC may segregate each of its … Read More
IBC Amendments Reinforce The Bahamas Competitive Position
Amendments to the International Business Companies Act 2000 have resulted in legislative enhancements that reinforce the IBC as an important part of the comprehensive range of products and services available … Read More